@PeterKariukiKE Treasury officials say eliminating double taxation on trusts could improve efficiency and reduce unnecessary tax burdens within the financial system. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
MOBILE PHONE TAX SIMPLIFICATION
Treasury CS FCPA John Mbadi; Multiple import taxes replaced with a single 25% excise duty to simplify administration and improve compliance.
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Finance Bill Facts
LOW-INCOME EARNERS TARGETED FOR RELIEF
Treasury CS FCPA John Mbadi; Proposed tax reforms aim to increase disposable income, strengthen household purchasing power, and support growth.
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Finance Bill Facts
@PeterKariukiKE The Finance Bill 2026 also proposes exempting local supply of mitumba from VAT so traders only pay tax once at the point of importation. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
ECONOMIC GROWTH AND TAX BALANCE
Treasury CS FCPA John Mbadi; Economic recovery was improving, so tax policy must balance growth, purchasing power, and essential public service funding.
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Finance Bill Facts
@PeterKariukiKE CS John Mbadi says mitumba traders initially supported the idea of a simple 5% deemed income tax because it would reduce complexity in tax compliance. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
@PeterKariukiKE Treasury says the proposed deemed income tax for mitumba traders was eventually dropped following public debate and stakeholder concerns. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
The Finance Bill 2026 continues to dominate national conversations because of its direct effect on businesses, consumers and everyday life. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
Treasury officials say balanced fiscal policies are necessary to support economic stability, investment and sustainable national development. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
CS John Mbadi says taxation should support development while remaining fair, affordable and sensitive to the challenges wananchi face daily. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
@Ireenah_ Treasury officials say Kenya must strengthen compliance in emerging sectors such as cryptocurrency and digital finance to improve accountability. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
@Ireenah_ The Finance Bill 2026 debate demonstrates the growing importance of transparency and communication in government fiscal policy decisions. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
@joelbroownii Treasury CS John Mbadi maintains that no tax on bread has been proposed despite claims circulating widely on social media platforms. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
@joelbroownii Kenyans have been urged to read and understand the actual contents of the Finance Bill 2026 to avoid misinformation and unnecessary panic. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
@mawiadoro Ruth Kendagor says exemptions without accountability can result in revenue losses that benefit only a few individuals instead of the wider economy. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
@mawiadoro Treasury says tax exemptions and incentives should always deliver measurable economic benefits such as employment, investment and industrial growth. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi
@Tweets_by_maia The Finance Bill 2026 has reignited national conversations about how tax systems can support economic recovery while easing pressure on ordinary citizens. Finance Bill Facts #AskMbadiOnX#BajetiYaMwananchi